Press: Air One backer says Alitalia sale open

31st Jan 2008

The head of Air One backer Intesa Sanpaolo told a newspaper the sale of airline Alitalia was up in the air as a government crisis threatens to delay its takeover by rival bidder Air France-KLM . “There are still many questions open so we don’t think the game is over. Everything still has to be sorted out,” Intesa Sanpaolo Chief Executive Officer Corrado Passera told Corriere della Sera newspaper in an interview published on Thursday.

On the current political crisis following the resignation of Romano Prodi as prime minister last week, Passera—in the past tipped as a possible finance minister in Prodi’s administration by newspapers—said all policymakers should take action.

“It is certainly a key moment which needs all policymakers to make a move,” he told the newspaper in a full-page interview which focused on politics.


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